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Type
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Avg. Rental Yield
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Yes, Al Majaz is a highly desirable place to live in Sharjah, especially for families and professionals. It offers a vibrant community with excellent amenities, beautiful waterfront views, and good connectivity. While traffic can be a concern during peak hours, the overall quality of life, recreational activities, and diverse housing options make it a popular choice.
Average rents in Al Majaz vary based on size, building amenities, and exact location. Expect to pay approximately AED 30,000-45,000 for a studio, AED 40,000-60,000 for a 1-bedroom apartment, and AED 55,000-80,000+ for a 2-bedroom apartment annually.
Absolutely. Al Majaz is very family-friendly, boasting numerous parks, playgrounds, and safe walking areas along the Corniche. It has a good selection of schools nearby, and the community atmosphere is welcoming for families. The abundance of dining and entertainment options also caters well to families.
Some of the most popular and well-regarded buildings in Al Majaz include the Al Majaz Towers (often referred to collectively), Obaid Building, Al Qassimi Building, and various modern residential towers along the Buhairah Corniche known for their views and amenities.
Traffic in Al Majaz can be heavy, particularly during morning and evening rush hours on main roads like King Faisal Street and those connecting to Dubai. While public transport options exist, many residents prefer driving. Planning your commute outside peak hours or utilizing alternative routes can significantly improve travel time.
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